Today news
About the same in other media
UK firms taking taxpayer-backed Covid loans continued donations to Tory party
Reading now: 984
Companies that received taxpayer-backed loans to help them survive the pandemic continued todonate tens of thousands of pounds to the Conservative party, the Guardian can disclose.
While there is no evidence the low-interest loans were used to fund donations directly, critics say there was no justification for companies requesting taxpayer help during the pandemic and then continuing to make political contributions.
One campaign group said it “smells like state funding of a political party” and called on businesses that made donations to compensate the Treasury.
The chancellor, Rishi Sunak, launched the coronavirus business interruption loan scheme (CBILS) in March 2020, offering emergency loans of up to £5m to small businesses hit by
Read more on theguardian.comAbout this in other media
Taking the customizable NFT toward P2E game in development for users ‘to explore more fun’ cointelegraph.com /3 years ago
Bradford GP behind Covid test firms with hundreds of unhappy customers theguardian.com /3 years ago
Rising inflation spooks Bank of England rate-setters into taking action theguardian.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
